Unveiling the Truth About Bitcoin Sprint: Scam or Legit Trading Platform?

Von | 24. Mai 2023

Bitcoin Sprint Review – Is it Scam? – CFDs and Real Cryptos

Introduction

Bitcoin Sprint is a cryptocurrency trading platform that offers both CFD trading and real cryptocurrency trading. As with any investment opportunity, it's important to research and understand the platform before investing your money. In this article, we will provide a detailed review of Bitcoin Sprint, including its CFD trading platform, real cryptocurrency trading, fees and charges, security measures, customer support, mobile app, and educational resources. We will also investigate the legitimacy of Bitcoin Sprint and compare it with other reputable cryptocurrency trading platforms.

Bitcoin Sprint – CFD Trading Platform

CFD stands for Contract for Difference, which is a type of trading where investors speculate on the price movements of assets without actually owning them. The benefits of CFD trading include the ability to trade with leverage, the ability to short sell, and lower fees compared to traditional trading. Bitcoin Sprint's CFD trading platform offers a variety of assets to trade, including cryptocurrencies, stocks, forex, and commodities.

To open a CFD trading account on Bitcoin Sprint, follow these steps:

  1. Visit the Bitcoin Sprint website and click on the "Register" button.
  2. Fill out the registration form with your personal information and create a password.
  3. Verify your email address by clicking on the link sent to your inbox.
  4. Make a deposit into your trading account using one of the available payment methods.
  5. Start trading on the platform using the available trading tools and features.

Real Cryptocurrencies on Bitcoin Sprint

In addition to CFD trading, Bitcoin Sprint also offers real cryptocurrency trading. The following cryptocurrencies are available on the platform: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple. To buy or sell real cryptocurrencies on Bitcoin Sprint, follow these steps:

  1. Log in to your Bitcoin Sprint account.
  2. Click on the "Buy/Sell" tab on the dashboard.
  3. Select the cryptocurrency you want to buy or sell.
  4. Enter the amount you want to buy or sell.
  5. Choose the payment method and complete the transaction.

The benefits of buying real cryptocurrencies on Bitcoin Sprint include the ability to own and hold the actual cryptocurrency, as well as the ability to transfer it to your own wallet.

Is Bitcoin Sprint a Scam?

It's important to investigate the legitimacy of any investment opportunity before investing your money. We have conducted a thorough investigation into Bitcoin Sprint and found no evidence of it being a scam. The platform is registered with the Financial Services Authority (FSA) and has positive customer reviews and ratings on independent review sites. However, as with any investment, there is always a risk of losing money, so it's important to invest wisely and never invest more than you can afford to lose.

Bitcoin Sprint Fees and Charges

Bitcoin Sprint charges a spread fee for CFD trading, which is the difference between the bid and ask price of an asset. The spread fee varies depending on the asset being traded. There are also deposit and withdrawal fees for using certain payment methods, such as credit cards and bank transfers. However, Bitcoin Sprint does not charge any commission fees for real cryptocurrency trading. When compared to other cryptocurrency trading platforms, Bitcoin Sprint's fees are generally lower.

Bitcoin Sprint Security and Safety Measures

Bitcoin Sprint takes security and safety measures seriously to protect its users' information and funds. The platform uses SSL encryption to secure user data, and stores funds in cold wallets that are kept offline and are not accessible via the internet. In addition, Bitcoin Sprint requires two-factor authentication for account login and withdrawals.

Bitcoin Sprint Customer Support

Bitcoin Sprint offers customer support via email, phone, and live chat. The platform also has a comprehensive FAQ section that covers a variety of topics. Customer reviews of Bitcoin Sprint's customer support are generally positive, with many users praising the quick response times and helpfulness of the support team.

Using Bitcoin Sprint on Mobile Devices

Bitcoin Sprint has a mobile app that is available for both iOS and Android devices. The app allows users to access their trading accounts, trade assets, view charts and indicators, and receive notifications about market events.

Bitcoin Sprint Educational Resources

Bitcoin Sprint offers a variety of educational resources for traders, including video tutorials, webinars, ebooks, and a trading academy. These resources cover topics such as technical analysis, fundamental analysis, risk management, and trading strategies. The quality and usefulness of the educational resources are generally positive, with many users finding them helpful for improving their trading skills.

Pros and Cons of Using Bitcoin Sprint

Pros:

  • Offers both CFD trading and real cryptocurrency trading
  • Low fees compared to other cryptocurrency trading platforms
  • Comprehensive educational resources for traders
  • Positive customer reviews and ratings
  • Strong security and safety measures

Cons:

  • Limited selection of real cryptocurrencies available for trading
  • No demo account for testing the platform before investing real money
  • Limited customer support options outside of email and live chat

FAQ

What is Bitcoin Sprint?

Bitcoin Sprint is a cryptocurrency trading platform that offers both CFD trading and real cryptocurrency trading.

Is Bitcoin Sprint regulated?

Yes, Bitcoin Sprint is registered with the Financial Services Authority (FSA).

What cryptocurrencies are available on Bitcoin Sprint?

The following cryptocurrencies are available on Bitcoin Sprint: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple.

How do I open a CFD trading account on Bitcoin Sprint?

To open a CFD trading account on Bitcoin Sprint, visit the website, fill out the registration form, verify your email address, make a deposit, and start trading.

What are the fees and charges involved in using Bitcoin Sprint?

Bitcoin Sprint charges a spread fee for CFD trading and deposit and withdrawal fees for certain payment methods. However, there are no commission fees for real cryptocurrency trading.

How does Bitcoin Sprint keep user information and funds secure?

Bitcoin Sprint uses SSL encryption, cold wallets, and two-factor authentication to secure user information and funds.

How can I contact Bitcoin Sprint's customer support team?

Bitcoin Sprint's customer support team can be contacted via email, phone, and live chat.

Is Bitcoin Sprint available on mobile devices?

Yes, Bitcoin Sprint has a mobile app that is available for both iOS and Android devices.

What educational resources does Bitcoin Sprint offer?

Bitcoin Sprint offers a variety of educational resources for traders, including video tutorials, webinars, ebooks, and a trading academy.

What are the advantages and disadvantages of using Bitcoin Sprint?

Advantages of using Bitcoin Sprint include low fees, comprehensive educational resources, and strong security measures. Disadvantages include limited real cryptocurrency trading options and limited customer support options.